Latest EDM Industry Business News

  • Netease growth in china music

    NetEase Cloud Music Leads Electronic/ Dance Music Growth in China

    China has seen the explosive growth of 45.2% in electronic/ dance music listeners, according to the 2016-2017 China Electronic Music Market Research Report by leading Chinese research firm iiMedia Research. NetEase Cloud Music, up from 197 million online listeners in 2016, to a now estimated 286 million listeners in 2017. This number is projected to reach […] More

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    Royalty Flow Designed to Offer Shares Publicly

    Exciting news for all music lovers! Royalty Flow, a subsidiary of Royalty Exchange, now offers it’s shared, publicly, under Title IV of the 2012 JumpStart Our Business Start-up (JOBS) Act / Regulation A+. This is creating a new road for individuals to buy into music royalties. Royalty Exchange connects private investors with rights holders and […] More

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    SiriusXM Completes Strategic Investment in Pandora

    SiriusXM (NASDAQ: SIRI) and Pandora (NYSE: P) announced on Friday that SiriusXM has purchased $307.5 million of Series A preferred stock in Pandora, completing the $480 million strategic investment announced on June 9, 2017. Under the terms of the agreement, a subsidiary of SiriusXM purchased $172.5 million of Series A preferred stock upon execution of the agreement on June 9, 2017 and today purchased an additional $307.5 […] More

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    Pluto TV, the leading free Internet television service in America, announced it will provide two additional official live-streams from the first Electronic Music Awards, on channel 500 and 501. Pluto TV’s live-streams will focus on the event’s downtown Los Angeles warehouse venue, showcasing live performances from Moby, Orbital, Autograf, and others. The other live-stream will […] More

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    It’s Official: Warner Has Acquired Spinnin Records

    It’s been confirmed that Warner Music Group has officially acquired Spinnin’ Records for a deal worth approximately $100 Million USD.  This will be one of the largest acquisitions in the modern day music industry. Spinnin’ Records is a Dutch record label, founded in 1999 by Eelko van Kooten and Roger de Graaf.[2][3]   Van Kooten is the […] More

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    Laser Production, The Unsung Heroes of EDM

    Visuals, one of the most important aspects in the live EDM scene, and often the least thought about. Visuals almost seem like an afterthought today to show goers, you don’t know you need them until you’re staring through a dark room watching a silhouette flail their arms about. Likewise, you don’t realize the way they […] More

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    Warner Music Group Proving to be King

    From Delisting To Proving King From the ungraceful fall off the Wall Street listing the last decade and posting billions in losses, Warner Music Group (WMG) is coming back bigger and stronger than ever. In 2004, Time Warner chose to offload its record label to an investor group for a staggering $2.6 billion deal including […] More

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    WME | IMG Announces New Strategic Partnership

    WME | IMG, a global leader in entertainment, sports, and fashion, today announced an investment by Canada Pension Plan Investment Board (CPPIB) and GIC, Singapore’s sovereign wealth fund, of approximately $1 billion. Terms of the transaction were not disclosed. CPPIB and GIC will join current investors Silver Lake, SoftBank, and Fidelity as WME | IMG strategic partners. Silver Lake, a […] More

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    OAKLAND, Calif.- Pandora (NYSE: P) today announced financial results for the second quarter ended June 30, 2017. “We remain laser-focused on execution that attracts listeners and investments that drive the growth and monetization of our audience.” Tweet thisWe have taken a number of steps to hone the company’s strategy and position Pandora to continue to […] More

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    IMS Asia-Pacific Announces Topics and 20 World-Renowned Companies Speaking at Shanghai, China, Sept 21-22

    Tuesday, August 1, 2017 — International Music Summit (IMS), in partnership with Budweiser STORM Festival, today revealed their initial programming details and company representative speakers for the fourth IMS Asia-Pacific, taking place Sept 21 – 22 in Shanghai, China at the Hyatt on the Bund. IMS AP will gather global artists, thought-leaders and industry figureheads to […] More

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